DMEA - Downstream Middle East & Africa

Dangote Group to double urea production and expand chemical portfolio

Nigeria has emerged as a major exporter of urea, with over 3mn kilograms exported in 2023, generating more than $1bn from countries such as Brazil, the US and South Africa.

DR Congo constructs new oil terminal at Goma

The Democratic Republic of Congo (DRC) is pressing forward with the construction of a new oil terminal in Goma – located on the banks of Lake Kivu – in a bid to improve fuel supply in its Eastern region.

IPMAN meets with Dangote Refinery to discuss fuel purchases

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has revealed that it will be discussing the purchase of petrol with 650,000 barrels per day (bpd) Dangote Refinery this week.

Angola plans for 31% increase in LPG demand

Angolan state-owned gas company Sonagas has announced that it expects LPG demand to increase by 31% in the country from 2024 to 2027.

Nigerian army shuts down 13 illegal refineries in Niger Delta

The Nigerian army has reported that it has dismantled 13 illegal refining sites, seized seven boats, located eight illegal connection points and confiscated around 60,000 litres of stolen petroleum products across the Niger Delta.

Massive fire breaks out at gas condensate plant in eastern Iran

A series of massive explosions rocked a condensate factory in the Iranian city of Garmsar, eastern Semnan Province, leaving 10 people injured, two critically.

Iran imported 30mn litres of petrol daily in September amid growing shortage

The Iranian government had to import 30mn litres of petrol per day in September to stave off fuel shortages during the holiday period, an energy expert told state TV.

Why has Iran become a petrol importer?

It is estimated that Iran's petrol imports, which stood at around $2bn last year, will surge to almost $3bn this year.

Iran eyes Iraqi investment to build refinery on western border

Iran is looking to attract investment from neighboring Iraq to build a refinery in the Qasr-e Shirin free trade zone near the Iraqi border, the state news agency IRNA reported on September 22, citing a local official as saying.

DMEA: NNPCL searches for operators to run Port Harcourt refinery

Petrol prices to go up by 20% next year, Iranian MP says

An Iranian lawmaker said petrol prices would soar by up to 20% next Persian calendar year starting on March 21.

Saudi Aramco signs fresh agreements with Chinese petrochemical majors

Saudi Aramco has signed additional agreements with Chinese petrochemical majors Rongsheng Petrochemical and Hengli Group as part of a push to further cooperation in the Chinese and Saudi Arabian petrochemical sectors.